What is cashflow planning?

Cashflow is King.

It’s not uncommon to find yourself in financial difficulty not because you are not generating enough, and not even because you are spending too much, but simply because your cashflow is not working in your favour. So what is cashflow, and more importantly, what is cashflow planning?

Cashflow, put simply, is the process by which finances enter and leave your account. When payments need to be made, failure to have enough cash coming in at the right time will lead to difficulties. This is where cashflow planning comes in.

Take a look at our handy video to find out more about cashflow planning and how it can benefit you. We are always here you help, so if you have any questions that are not covered in the video, please do get in touch.

This article does not constitute financial advice and should not be construed as such.